Inflation
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72% of US workers say they rely on a second income, while 26% say they need the side job just to cover the bills
Yahoo Finance· 2026-02-21 12:00
Core Insights - Many Americans are struggling to meet basic living expenses due to rising costs, leading to a reliance on secondary income sources [1][4] Group 1: Economic Context - A MyPerfectResume survey indicates that 72% of U.S. workers now depend on at least one secondary source of income, a significant increase from previous years [2] - Nearly 40% of respondents attribute their need for additional income to inflation, while 72% believe rising costs have made side work more necessary [4] Group 2: Sources of Secondary Income - The survey reveals that secondary income sources include freelance or gig work (14%), investments (14%), side businesses (9%), passive income (9%), and second jobs (4%) [5] - More than half of the respondents (52%) feel more secure with additional income, and 68% state that side work does not interfere with their main job [5] Group 3: Challenges of Side Hustles - While side hustles can increase income, they may also lead to burnout and neglect of primary jobs, potentially harming personal relationships [6] - The decision to engage in a side hustle versus focusing on a primary job may depend on the compensation and promotion opportunities available in the main job [6]
What Federal Reserve Chair nominee Kevin Warsh could do to Bitcoin’s price
Yahoo Finance· 2026-02-21 11:40
With Bitcoin’s price down the pan, investors are now waiting to see what Federal Reserve Chair nominee Kevin Warsh will do to markets if he takes the helm in June. Despite praising Bitcoin and calling for lower interest rates last year, markets initially priced in Warsh as a hawk — someone who would keep interest rates high in an aggressive bid to tamp down inflation. But it’s what Warsh might do with the Fed’s balance sheet that concerns investors. Since the Great Recession, the Fed has purchased trill ...
Peyto: Keeping The Shareholders Informed
Seeking Alpha· 2026-02-21 11:03
Core Insights - The company has effectively communicated the progress of its significant acquisition, demonstrating improved cost efficiency and increased reserves [1] - The latest reserves report indicates that the acquisition has resulted in lower costs and a growing inventory of profitable acreage [1] - The company has reported the highest levels of hedging activity in some time, allowing for revenue predictability despite market fluctuations [2] Group 1: Acquisition and Reserves - The acquisition has led to lower costs and an increase in liquids-rich production [1] - Management has noted that profitable production intervals from the acquired acreage extend to legacy acreage, enhancing future production potential [1] - Reserve costs are competitive, aiding the company in managing inflation [1] Group 2: Hedging Strategy - The company has engaged in significant hedging activity, which does not fix sales prices but allows flexibility in responding to market conditions [2] - Management has previously capitalized on negative gas prices to enhance revenue through strategic hedging [2] - The hedging activity reflects a positive outlook on pricing, providing revenue predictability at favorable prices [3]
ECB’s Panetta Says Tariffs Have Damaged the US More Than Others
Yahoo Finance· 2026-02-21 10:24
Photographer: Alessia Pierdomenico/Bloomberg The US economy has borne most of the burden of tariffs imposed by President Donald Trump, according to European Central Bank Governing Council member Fabio Panetta. Photographer: Alessia Pierdomenico/Bloomberg “Foreign exporters seem to have shouldered a portion of it, estimated at around 10%,” he said Saturday in Venice. “Initially, the impact was absorbed by US firms’ profit margins, and was then partially passed on to consumers, who now bear about half of ...
This Week's Market Wrap: AI-Led Volatility, Inflation, And Late-Cycle Risk Signals
Seeking Alpha· 2026-02-21 08:00
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
Where to Park $10K, $25K, or $50K for the Best Cash Yields This Week
Investopedia· 2026-02-21 01:00
Group 1 - The article discusses the current cash yield opportunities available for investors, highlighting that many options offer yields above 4% [1] - It emphasizes the importance of selecting the right accounts for cash to maximize earnings, with top savings accounts, CDs, brokerage cash accounts, and Treasuries providing solid returns with minimal risk [1] - The Federal Reserve's current stance suggests that cash yields will remain steady in the near term, making it a favorable time for investors to explore high-yield options [1] Group 2 - The article provides a breakdown of potential earnings on different cash balances, showing that a $10,000 deposit at a 4% account could yield approximately $200 in interest over six months [1] - It categorizes the best cash options into three main types: U.S. Treasury products, brokerage and robo-advisor products, and bank and credit union products, each with distinct characteristics and yields [1] - Current rates for savings accounts, CDs, and Treasury securities are analyzed, indicating that competitive yields are still available across various financial institutions [1]
Tech Stocks Surge as Supreme Court Overturns Tariffs Despite Economic Growth Miss
Stock Market News· 2026-02-20 22:07
The U.S. stock market experienced a day of significant volatility and divergent performance on Friday, February 20, 2026. Investors navigated a complex landscape defined by a landmark Supreme Court ruling on trade policy, a disappointing reading on economic growth, and mounting geopolitical tensions. While technology and growth-oriented sectors found a second wind, the broader market remained tethered by concerns over a cooling economy and sticky inflation.Market Index Performance RecapAs of the closing bel ...
US Markets Rally as Supreme Court Limits Tariff Powers; Microsoft Names New Xbox Head
Stock Market News· 2026-02-20 21:38
Market Reactions - US stocks experienced a rally following a Supreme Court decision that limited the tariff-setting powers of the Trump administration, with the Nasdaq Composite rising by 198.01 points (+0.87%) to close at 22,880.73, the S&P 500 gaining 0.65% to finish at 6,906.34, and the Dow Jones Industrial Average adding 206.56 points (+0.42%) to close at 49,601.72 [2][9] - The ruling resulted in a decline in the US Dollar and Treasury bonds, as markets anticipated increased fiscal strain, but reports indicated that tariffs for countries with existing trade agreements with the US would be reduced to 10%, providing a temporary boost to global trade outlooks [3][9] Oil Market Dynamics - Crude oil prices remained near a six-month high due to escalating fears of supply disruptions, particularly with reports of potential military action against Iran by the Trump administration, which could impact the Strait of Hormuz, a vital oil transit route [4][5] - Analysts warned that any military engagement could lead to a rapid increase in energy costs, complicating the Federal Reserve's efforts to maintain stable inflation levels [5] Corporate Developments - Microsoft announced the appointment of Asha Sharma as the new head of Xbox, succeeding Phil Spencer, indicating a strategic shift under CEO Satya Nadella towards focusing on console gamers after a period of prioritizing PC and mobile platforms [6][7] - The leadership change at Xbox comes at a crucial time for the gaming industry, with investors keen to see if Sharma's leadership will lead to a more aggressive approach in hardware to compete with traditional rivals [7] Economic Insights - St. Louis Fed President Alberto Musalem commented on the economic landscape, noting a lack of significant productivity gains in macro data and emphasizing a focus on PCE inflation, suggesting that the current real Fed funds rate is at or below neutral [8] - Musalem acknowledged the potential for uncertainty following the Supreme Court's tariff ruling but indicated that if new tariffs are implemented on a one-for-one basis, they may not significantly alter the broader economic outlook [8] - The Federal Reserve's H.8 release showed an increase in US bank deposits to $18.764 trillion from $18.721 trillion the previous week, indicating ongoing growth in the banking sector [8]
'PERIOD OF UNCERTAINTY': St. Louis Fed president issues warning over tariff shift
Youtube· 2026-02-20 21:35
Fox Business Alert. We got new inflation data out today showing that inflation is stubbornly sticky and that's slamming the brakes on investors hopes for an early summer rate cut. So, let me show you.Exactly one week ago, the market was pricing in a 66% chance of a rate cut in June. On Tuesday, that number jumped to 70%. But now, a reality check for investors betting on more Fed easing.That drop signals that uh the Fed is laser focused on personal consumption expenditure. The price index which heated up to ...
Stocks Settle Higher as SCOTUS Rejects President Trump’s Tariffs
Yahoo Finance· 2026-02-20 21:33
US Q4 GDP rose +1.4% (q/q annualized), weaker than expectations of +2.8%. The Q4 core PCE price index rose +2.7%, stronger than expectations of +2.6%.Geopolitical risks are bearish for stocks. President Trump on Thursday ramped up pressure on Iran to strike a deal over its nuclear program, saying he thought 10 to 15 days was “pretty much” the “maximum” he would allow for negotiations to continue, and “We’re either going to get a deal, or it’s going to be unfortunate for them.”Stocks initially moved lower on ...